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Stocks Making the Biggest Moves Midday: Peloton, Harley-Davidson, Pfizer, Chegg and More
These are the stocks posting the largest moves in midday trading.
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Chip Giants Are Ramping Up Spending by the Billions as Semiconductor Demand Booms
TSMC, Intel and Samsung are all planning to make significant investments into semiconductor manufacturing this year.
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Google Cloud Is Hiring a Legion of Blockchain Experts to Expand Its Business
Google already provides services to blockchain companies such as Dapper Labs. It will be hiring experts to win more business in the emerging category.
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Microsoft Beats on Earnings and Revenue, Delivers Upbeat Forecast for Fiscal Third Quarter
Azure cloud growth slowed below the 50% mark again even as Microsoft’s customers enter longer-term contracts. Windows license revenue jumped 25%.
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Microsoft Should Sell Office and Windows to Boost Cloud Business, Former Executive Says
Productivity software and operating systems are lucrative for Microsoft, but a former executive said keeping them in house could hurt its growing cloud unit.
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‘Even Santa Himself Won't Be Able to Deliver': How the Global Chip Shortage Could Dampen Christmas
The chip shortage has been rumbling on all year and it still hasn’t gone away, making it hard to get hold of the PS5, the Xbox Series S and the Pixel 6 Pro.
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Microsoft Announces $249 Surface Laptop That Runs a New Version of Windows 11 for Schools
The Surface Laptop SE will launch in early 2022 with Windows 11 SE.
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Amazon Web Services Tops Analysts' Estimates on Profit and Revenue
Amazon’s cloud business posted more operating income than the commerce company as a whole in the third quarter, with growth accelerating.
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Google Is Slashing the Amount It Keeps From Sales on Its Cloud Marketplace as Pressure Mounts on App Stores
Google is matching Microsoft’s revenue share for software that companies buy on cloud marketplaces. The move could help Google win more cloud usage over time.
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Amazon Cloud Revenue Growth Accelerates to 37% in Q2
Amazon Web Services again accelerated revenue growth, even as it continues to lead the public-cloud infrastructure business.
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Microsoft Posts Big Earnings Beat and Gives Optimistic Revenue Forecast
Microsoft beat expectations for earnings and revenue, with Azure cloud revenue growing 51%, and the company gave a rosy revenue forecast.
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Cramer Reviews Nvidia, Moderna, Equifax and Other Top-Performing Stocks of the Second Quarter
CNBC’s Jim Cramer on Tuesday looked at some of the best-performing stocks of the second quarter as the latter half of 2021 gets under way.
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Oracle Stock Jumps as Investors Take a New Look at Its Cloud Story
Oracle stock had its best day since March after an article suggested the company could have potential in cloud computing. Oracle isn’t a cloud leader, though.
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Apple Claims Global Smartphone Market Lead Ahead of Samsung for First Time Since 2016
The tech giant shipped nearly 80 million units in the quarter, surpassing all other smartphone makers, including Samsung.
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Solving Boston's Traffic Woes
It’s no secret that Boston has one of the worst commutes in the country, but there may be a solution that’s simple and cheap.
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‘It' Is Tops Again; ‘Hustlers' Full of Flash at Box Office
It wasn’t quite enough to take down Pennywise the clown, but Jennifer Lopez and the scheming strippers of “Hustlers” topped even the high expectations they brought to the weekend box office. “It: Chapter Two” brought in $40.7 million in the U.S. and Canada to keep the top spot in its second week and has earned a total of $153.8 million,...
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‘It: Chapter Two' Scares Up $91 Million With Debut
A robust audience turned out to catch “It: Chapter Two” in movie theaters this weekend, but not quite as big as the first. Warner Bros. says Sunday that “It: Chapter Two,” the only major new release, earned an estimated $91 million from North American ticket sales in its first weekend from 4,570 screens. Trailing only its predecessor that debuted to...
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Fans Descend on Gaslamp Quarter for Day 1 of San Diego Comic-Con
Workers were putting the final touches on the all the branded exhibitions Wednesday evening, while enthusiastic fans lined up outside of the convention center to be some of the first inside.
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Fans to Descend on San Diego for 50th Comic-Con
The four-and-a-half day convention kicks off Wednesday when the show room floor opens to thousands vying for exclusive merchandise, from art to toys. Later, Warner Bros. will get things going with a ScareDiego event promising some hair-raising new footage from “It: Chapter Two.”
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Comic-Con at 50: Bigger Than Ever, But at What Cost?
As the 50th Comic-Comic kicks off Wednesday, with a big Marvel Studios panel on Saturday that’s sure to be the hottest ticket in town, and Spider-Man and the Marvel Cinematic Universe dominating the box office, Kirby proved to be right. But it took a while for Comic-Con to really “go Hollywood.”